Seaport Entertainment (SEG) CPO reports RSU grant and tax share withholding
Rhea-AI Filing Summary
Seaport Entertainment Group Inc. Chief People Officer Rebecca E. Sachs reported equity compensation activity and related tax withholding. On February 26, 2026, she acquired 7,858 shares of common stock at $0.00 per share as a grant under the 2024 Equity Incentive Plan, representing restricted stock units. According to the grant terms, 1,009 RSUs vest on February 27, 2027 and 6,849 RSUs vest in three substantially equal annual installments beginning on that date, subject to continued service. On February 27, 2026, the company withheld 987 shares of common stock to cover tax liabilities triggered by vesting, a tax-withholding disposition rather than an open-market sale. Following these transactions, Sachs held 24,084 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 987 | $23.36 | $23K |
| Grant/Award | Common Stock | 7,858 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to Seaport Entertainment Group Inc.'s (the "Issuer") 2024 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. 1,009 RSUs vest on February 27, 2027 and 6,849 RSUs vest in three substantially equal annual installments beginning on February 27, 2027, subject to the Reporting Person's continued service with the Issuer or its subsidiaries through such date. On February 27, 2026, the Issuer withheld 987 shares of common stock of the Issuer from the Reporting Person for payment of the tax liability incident to the vesting of shares of common stock granted by the Issuer pursuant to the terms of the Plan.